Router And Switch Market Size in North America Region is Projected to be Worth USD 15.5 Billion by 2022 | ADTRAN, ADVA Optical Networking, Alcatel-Lucent, Cisco, ECI Telecom, Ericsson, Extreme Networks, Juniper Networks
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The router and switch market size is estimated to be worth USD 41.02 billion by 2022. The report is a professional and detailed qualitative market research on the current scenario of the key regional markets. It also features a comprehensive discussion about the router and switch market trends, aspects like drivers, restraints, opportunities, challenges that impact SP switching and routing device market. The boom in adoption to cloud computing solutions is likely to propel the Router and switch segment.
Key industry players involved in the business and supporting the growth of the global router and switch market are as follows:
• ADTRAN Incorporation
• ECI Telecom
• Extreme Networks
• ZTE Corporation
• Hatteras Networks Incorporation
• Tellabs Incorporation
• Huawei Technologies Corporation Limited
• RAD Data Communication Networks
• Juniper Networks
• Actelis Networks
• ADVA Optical Networking SE
• Cisco Systems
• Force10 Networks
• MRV Communications Incorporation
• Telco Systems
• Avici Systems
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Based on the product, the global router and switch market is bifurcated into Ethernet service edge router, internet exchange router, multiservice edge router, ATM switch, service provider core router and network termination equipment. As the information/data carriers become growingly dependent on Ethernet service to transfer IP traffic in their systems, demand for these Ethernet service edge products is predicted to grow during the estimated period. Depending upon service, global router and switch market is divided into broadband aggregation service, Ethernet access service, internet data centre service and Ethernet aggregation service.
Growing preference of firms demanding rapid network services at reasonable costs for connecting workers, data centres and branch offices is predicted to stimulate the Ethernet access service growth and demand during forecasted period. Based on the geographical locations, global router and switch market is bifurcated into North American subcontinent, APAC zone, European continent and rest of the world.
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